The rise of financial technology in China, exciting in a short moment, quickly degenerated into a widespread financial scam in the name of innovation It brought heavy financial losses to countless investors, and incurred further costs in managing the subsequent social instabilities

Dagong Global Credit Rating Group (hereafter Dagong Group), a growing Chinese force in the world’s credit rating industry, will hold a press conference on May 16 to mark the official launch of its online investment and credit rating platform SilkRoadITFin com